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Local US Bank Shut Down after CEO Lost Millions in Crypto Scam
27.9.2023
Heartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam.
The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment...
Binance Market Share Continues to Fall As Crypto Giant Loses Ground to Rivals
27.9.2023
Binance, the world's largest cryptocurrency exchange, has seen a sharp drop in market share among non-dollar crypto exchanges.
According to data by The Block, Binance's market share among a group of exchanges that includes major Asian players like Upbit, Huobi, Bybit, and OKX hit 54% in August...
MATIC Holds Still Above $0.50 As Renewed Chain Activity Attracts Bulls
27.9.2023
Polygon (MATIC) has maintained its stance above $0.50 despite recent bearish pressure which some observers suggest could see the token fall below the support level.
At press time MATIC trades at $0.51 after recovering a slight decline below $0.50 this month. Despite this, MATIC holders have...
Wall Street Memes Price Pumps 106%, Soars Into Top 10 Meme Coins Whilst Pepe and Shiba Inu Slide
27.9.2023
Just 24 hours after listing on top-tier centralized exchanges OKX and Huobi, Wall Street Memes ($WSM) has soared into the ranks of the top meme coins.
$WSM was available in presale for as low as $0.025 and is now trading at $0.040 for a gain of 60% – on OKX the price gained 106%. Trading volume...
SDX Welcomes 6th Exchange To The Fold
27.9.2023
Hypothekarbank Lenzburg, a prominent regional Swiss bank with assets exceeding $7 billion, has joined the Six Digital Exchange (SDX), becoming the sixth Swiss bank to do so.
In a Wednesday press release, SDX said it welcomes Hypothekarbank Lenzburg as a new member of its central securities...
Biggest Crypto Gainers Today on DEXTools – POFI, HarryPotterObamaPacMan8Inu, ZKLAB
26.9.2023
Blue chip cryptocurrency markets are slightly in the red on Tuesday, but for the most part are holding up pretty well within recent ranges, despite longer-dated US yields pushing to new multi-decade highs.
Bitcoin (BTC) was last changing hands in the low $26,000s, whilst Ether (ETH) was trading...
HTX Hacker Makes Off With $8 Million
26.9.2023
Crypto exchange HTX experienced a security breach over the weekend that resulted in the loss of $8 million worth of crypto assets.
In a recent post on X (formerly Twitter), HTX stakeholder Justin Sun confirmed the news, detailing that the hacker managed to steal 5,000 ETH (worth around $8 million)...
Trader Joe Sends Grant Proposal to Arbitrum
26.9.2023
Trader Joe, a major decentralized exchange (DEX) operating on the Avalanche (AVAX) blockchain, has applied for a 1.83 million ARB grant from Arbitrum DAO.
In a recent announcement shared on X (previously Twitter), Trader Joe said it has submitted a "short-term incentive proposal to the Arbitrum...
Is Another US Government Shutdown on The Horizon?
26.9.2023
Over the next week, the United States government faces the possibility of a shutdown as House Speaker Kevin McCarthy grapples with internal political pressures regarding spending plans.
The decision could also have adverse effects on the progress of crypto bills awaiting a vote, potentially...
Crypto Asset Management Industry Could Reach $650B in Five Years, Up From $50B Today: Report
26.9.2023
The crypto asset management industry is set to experience exponential growth in the coming years, according to analysts at Bernstein Research.
The analysts, led by Gautam Chhugani, predicted that crypto funds could reach a staggering $500 billion to $650 billion within the next five years,...
Binance Collaborates With Banking Giants to Launch Stablecoins in Japan
26.9.2023
Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan.
The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takeshi Chino, the general manager...
Crypto Exchange Listing and Delisting Announcements: September 25, 2023
25.9.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Analysts Believe JPEX Scandal Will Have Significant Negative Impact on Retail Sentiment
25.9.2023
The JPEX scandal, regarded as potentially the largest financial fraud in Hong Kong's history, has not only harmed thousands of victims but has dealt a significant blow to retail trust in cryptocurrencies in the jurisdiction.
Analysts and industry experts have voiced concern that the fallout from...
Terra Luna Classic Price Prediction As LUNC Pumps 5% in 7 Days - Here's Why The Altcoin Is Outperforming
25.9.2023
Terra Luna Classic (LUNC), the cryptocurrency that powers the original Terra blockchain that faced disaster last May, has been outperforming the broader cryptocurrency market in the last seven days, rising more than 5.0% during this time.
By contrast, Bitcoin (BTC) is down close to 2% and Ether...
Biggest Crypto Gainers Today on DEXTools – GeneraitivAI, ZkTsunami, Prophet
25.9.2023
Despite a lack of notable fundamental catalysts to drive downside, Bitcoin (BTC) briefly dipped under $26,000 for the first time in over a week on Monday.
While it has since recovered back into the $26,200s, it has been unable to recover back to the north of its 21DMA, which was last just under...
Couple Inadvertently Receives $10.5M from Crypto.com; Plea Hearing Scheduled for October
25.9.2023
A Melbourne couple is set to face a plea trial in October for a theft charge after inadvertently receiving 10.5 million Australian dollars ($6.7 million) from Crypto.com in 2021.
The couple, who received the funds by mistake, proceeded to spend the money before the error was discovered.
The...
Arbitrum Transfers $59 Million Worth of Unclaimed Tokens to Treasury
25.9.2023
The Arbitrum Foundation has announced a transfer of 69 million unclaimed ARB tokens to the treasury six months after its airdrop in March.
The tokens worth $59 million make up 0.69% of Arbitrum’s 10 billion total supply and according to reports, 7% of total airdrops remained unclaimed.
In March...
Chainlink Addresses Concerns as Users Spot Subtle Alterations to Multisig
25.9.2023
Decentralized oracle network Chainlink (LINK) has responded to criticism regarding a recent alteration to the number of signers required on its multisig wallet.
The change, which reduced the required number of signatures from 4-of-9 to 4-of-8, sparked backlash from critics on social media...
Mixin Network Founder Addresses $200 Million Hack, Says Only Half of User Assets are Safe
25.9.2023
Mixin Network's founder Feng Xiaodong addressed the $200 million hack in a livestream saying that they could initially ensure the security of only half of its users' assets.
Mixin Network revealed a massive hack earlier today on the database of its cloud service provider, compromising users’...
Biggest Meme Coin ICO Raise in History, Wall Street Memes Presale Ends in Less Than 10 Hours
25.9.2023
The biggest meme coin ICO raise in history, Wall Street Memes has only 10 hours to go before its presale closes near $30 million.
Over the past two days, more than $2 million is estimated to have been added to the fundraise as buyers commit to purchasing to avoid missing out on a juggernaut...